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Accounting for Stock-Based Compensation (Tables)
9 Months Ended
Nov. 30, 2024
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Redeemable Equity Related to Stock Awards and Shares

A roll-forward of redeemable equity related to stock awards and shares held by Mr. Lavelle for the nine months ended November 30, 2024 is as follows:

 

 

 

Redeemable Equity

 

Balance at February 29, 2024

 

$

4,110

 

Stock based compensation expense

 

 

108

 

Balance at November 30, 2024

 

$

4,218

 

Summary of Activity Related to 2024 Plan

The following table presents a summary of the activity related to the 2024 Plan for the nine months ended November 30, 2024:

 

 

 

Number
of Shares

 

 

Weighted
Average
Grant Date
Fair Value

 

Unvested award balance at February 29, 2024

 

 

176,312

 

 

$

8.93

 

Granted

 

 

317,907

 

 

 

3.03

 

Vested

 

 

(38,436

)

 

 

13.59

 

Vested and settled

 

 

(67,356

)

 

 

6.74

 

Unvested award balance at November 30, 2024

 

 

388,427

 

 

$

4.02